65 Quotes by Tim Ghriskey
- Author Tim Ghriskey
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GE's businesses are benefiting from the economic environment, both domestically and internationally. But revenue did fall slightly below Wall Street's expectations, which is a bit of a disappointment.
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I don't think he can be a merchandiser. That's not his training. It's a real specialty.
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I don't think he can be a merchandiser, ... That's not his training. It's a real specialty.
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The jump in oil prices lifted shares in the whole energy sector. And we also had very strong confidence numbers, which helped support the rest of the market.
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This is a competitive market. When a company selling at this valuation and is this much of a Wall Street darling, and what we call a cult stock, misses earnings to the degree it missed here, the stock is really going to be hurt by it.
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This is a company where management is still committed to spending earnings to stimulate future growth and market share. You are betting with management that their efforts are going to pay off. Is there any guarantee? No.
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The damage from the storm, both in terms of the physical damage and any human impact, was certainly less than expected so that should really bode well for the financial markets.
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The focus is always on retailers on Black Friday, and early speculation is that concerns about early retail spending are overblown and that we're going to see a reasonable holiday season.
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The guidance to a higher number for the year just shows that the core business is extremely strong and the company is confident that it continues to strengthen for the rest of the year.
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